MSRP Variances

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Feb 24, 2023 | 11:41 AM
  #1  
Well I leaned something new today, the base msrp for a 2023 vert can be different. The base MSRP for the local SE US car is $102,500 and the SW US out of state base msrp is $101,500. Anyone know why this is? My local dealer thinks it's a regional pricing thing. Both vehicles just arrived at their respective ports so it's not a time of year price increase
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Feb 24, 2023 | 12:21 PM
  #2  
Don't think so. More likely to be a price increase. I did a little research and found two Monroneys. One from a dealer in Massachusetts and one from a dealer in California:





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Feb 24, 2023 | 01:11 PM
  #3  
They were both produced around the same time and both arriving at their respective dealerships at the same time so if there was a price increase it shouldn’t it have affected both.

Maybe even though they are on same ship, one was produced in Jan and the other in Feb and it received a price increase?

Nonetheless the new base msrp is now $102,500 for the vert.
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Feb 24, 2023 | 02:26 PM
  #4  
^^^^Yep, looks like a price increase. Went to the Lexus web site and found this:


From the above Monroneys we see that the DELIVERY PROCESSING AND HANDLING Fee is $1,150. So $102,500 + $1,150 is $103,650. So, definitely a price increase And we see you savvy your dealer is
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Feb 24, 2023 | 02:31 PM
  #5  
Quote: ^^^^Yep, looks like a price increase. Went to the Lexus web site and found this:


From the above Monroneys we see that the DELIVERY PROCESSING AND HANDLING Fee is $1,150. So $102,500 + $1,150 is $103,650. So, definitely a price increase And we see you savvy your dealer is
Thanks for finding that. In fairness to my dealer, he did say it would either be due to a price increase or potentially could be a regional adjustment. Looks like the one car’s production date just missed the increase and the other didn’t.
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Feb 25, 2023 | 08:26 AM
  #6  
no surprise on price increase. i'm shocked the LC500 hasn't gone up 10-20% in recent years with massive cost increases.
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